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2021-04-21

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UiPath raises $1.34 billion in IPO -source

By Krystal Hu and Echo WangApril 20 (Reuters) - Automation technology startup UiPath on Tuesday sold

UiPath raises $1.34 billion in IPO -source

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Morgan are the lead underwriters on the IPO.</p><p>(Reporting by Krystal Hu in New York and Echo Wang in Miami Editing by Greg Roumeliotis)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","03086":"华夏纳指","COMP":"Compass, Inc.","MS":"摩根士丹利"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129823787","content_text":"By Krystal Hu and Echo WangApril 20 (Reuters) - Automation technology startup UiPath on Tuesday sold shares in its initial public offering $(IPO.UK)$ above its target range to raise $1.34 billion, a person familiar with the matter said.UiPath priced 23.89 million shares at $56 per share, the source said. The company on Monday had increased its indicated target range to $52 and $54 per share, up from $43 to $50. Of the shares sold, 9.4 million were by UiPath and about 14.5 million were from existing investors.The IPO values UiPath at $29 billion.The source requested anonymity as the details are not yet public. 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UiPath raises $1.34 billion in IPO -source

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